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19848 articles published since 08 Mar 2022

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Battery maker Northvolt files for bankruptcy in Sweden
Battery maker Northvolt files for bankruptcy in Sweden
Business and Economy

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure financing to enable it to continue operations, the struggling company said Wednesday. The battery maker stressed that in its attempts to secure financing it had found "significant traction with potential partners and interest from investors".

German arms firm Rheinmetall seizes on European 'era of rearmament'
German arms firm Rheinmetall seizes on European 'era of rearmament'
Business and Economy

German arms manufacturer Rheinmetall said Wednesday moves by European capitals to up their defences and reduce their reliance on the United States were an unprecedented growth opportunity for the group. In Germany, the country's likely next chancellor Friedrich Merz has urged Europe to develop independence from the United States in defence and looked to up Berlin's military efforts.

Mongolia's children choke in toxic pollution
Mongolia's children choke in toxic pollution
Business and Economy

As she watched her five-month-old son lying in intensive care, wires and tubes crisscrossing his tiny body, Uyanga cursed her hometown Ulaanbaatar and its chronic pollution. "I was so scared when he was admitted to intensive care," said Uyanga, who, like many Mongolians, goes by one name.

Most Asian stocks drop as Trump trade policy sows uncertainty
Most Asian stocks drop as Trump trade policy sows uncertainty
Business and Economy

Asian equities mostly fell Wednesday as investors fret over Donald Trump's ever-changing trade policies amid increasing concern that his tariffs could send the US economy into recession. But Hong Kong, Shanghai, Singapore, Wellington and Manila were in the red, with Sydney down more than one percent, on concerns about the impact of Trump's latest tariffs on Australia's economy.

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